MadBid.com is the first UK-based penny auction where brand new products, such as Nintendo Wiis, iPods, laptops, digital cameras, flatscreen TVs and cars fall under the auction hammer everyday and sell for prices that can only be described as totally mad.
To give a few examples, a MacBook Air was auctioned for £18.89, an iPod Touch for £2.71, a Nintendo Wii for £0.92, an LCD TV for £4.33, a 50cc scooter for £3.64 and even a brand new Mini ONE for just £6.83.
All products are auctioned by MadBid.com and they are new
- Auctions start from £0.00 and bids are increased one penny at a time
- Bids are placed either by text message from a UK mobile or using a MadBid Online Account
- When the countdown timer reaches zero the highest bidder wins!
MadBid is growing rapidly with some of its success owing to a recent flurry of positive press coverage. A cover feature in the Money Section of the Sunday Times, a mention on GMTV and inclusion on the BBCs Breakfast TV are just a few examples of exposure that MadBid have recently enjoyed.